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20121204
20121204
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, new york. >> can we pull off and take a snap? >> pull off tomorrow and take a snap. good advice. >> see you, everybody. we will be right back if we are awake. that really meets your needs a plan and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by
writes this in "the new york times." republicans have to realize that they are going to cave on tax rates. the only question is what they get in return. do you agree? >> not necessarily at all, because i believe if you raise the base upon which the tax rate is applied, you can raise revenue and keep the rates where they are. >> explain that. let me stop you there. when you raise the base of which the tax rate is applied, explain what you mean. >> capping deductions so you can't use deductions to offset tax obligations. that creates more revenue but the rates stay the same. as erskine bowles commission can go down as much as from 35% to 29% at the upper level. the same thing ronald reagan and tip o'neill did in 1986. in 1986 the top marginal rate it was 70%. it was lowered to 28%. we can take that approach again. >> you know, you brought up the fact that you are in real est e estate. one of the items that will be on the table is the mortgage deduction and one of the kr criticisms that the white house had, for instance on the boehner plan, is there were no details there on deductions. how
students. a private school in new york discovered that gaining admittance is hardly the same as gaining acceptance. jason carol explains. >> you are sitting in a classroom and realize all of a sudden you really are a minority. >> reporter: it is a vealing look at a subject few talk openly about. >> the tragedy of an undiverse place is that you don't have the full sound, just that there are pieces of the spectrum just missing. >> reporter: the experience of being admitted yet feeling like an outcast inspired students at new york's trinity school to film a documentary called allowed to attend. deirdre banten, now a college freshman, remembers her years at trinity well. did you feel like you culturally fit in with the rest of the students there? >> short answer is no. there are some things that are just straight up racist, you know? like the fact that when tuition raised, a lot of people on scholarship were, like, people -- rumor started that it was our fault. there are some things straight up racist where people confused me and my friend c.c. who we don't look anything alike, but we're bo
writes on real money pro. doug told "the new york times" in a piece that led today's business section that one of the biggest stock market worries, the pain from higher capital gains and dividend taxes would barely have an impact on the market. because so few individuals have taxable accounts. only 14.7% down from 23.9%. doug's calling it a canard. and others say the job cuts for 2013, which seems to be put as many as two million to be made jobless won't be as fast or as high. plus the tax increase can be rolled back. in other words, a deal will eventually be reached, so why bother to sell. okay, so the "it's all overdone" crowd may have a role to play here. particularly because it turned out that when we got a deal to avert the debt ceiling back in the summer of 2011, we caught a gigantic rally. it was a mistake to sell. this is debt ceiling two. let me tell you where i come out. while nothing is irreparable when putting things back together if we go over the cliff, i'm getting worried about what will happen. certainly more than the school who says that the dire predictions are off t
. connell: time to go back to the new york stock exchange and get a check on the markets. nicole: let's take a look at a mover. stocks now every 15 minutes. we have a big winner here. big lots. the stock is up 7.8% right now. they have a list of headlines. that is some good news there. they raised their full earnings production. interestingly enough, their ceo is set to retire. he will be stepping down. he won't do so until a successor is found. they are on the search for a new ceo. as far as our major market averages, they are down fractionally. names that are under pressure include american express, at&t, hewlett-packard, i am sorry, that is home depot, and, also, jpmorgan. we were building into december, the month of december is the best performing month of the year. many know that. average returns are 1.7% to the upside. this date all the way back to 1950. december is a stellar year for the s&p 500. connell: a lot more still to come. we have this multibillion dollar judgment against yahoo!. investors now on the run. dagen: reggstering a record year taking a look at how the treasury marke
about middle class americans extended the tax cuts so they don't get hurt. "the new york times" editorial today on how the gop proposal says raising the medicare eligibility hurts working-class americans unable to work to 67. it's likely to increase health care costs. >> guest: with all respect in "the new york times" they are somewhat critical of republicans. they don't see the world the way that we do and that's fair enough. but having said that, look this is a good-faith effort, and the 67 figured that's something the president raised before and talked about in terms of his sight. so let's recognize the demographic reality. we have a lot longer than we used to live. >> host: you're talking abut raising the eligibility age from 65 to 67. that is an idea. >> guest: i probably would. it's in the context with what else we have out there. we've done that with social security. we give people a lot of time it's not like we do it tomorrow with anybody close. but again, we change the social security system it's not a surprise to me i want to get a check at 65 the way my dad did but i
petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you will ever see on the strip in las vegas. i mean it is really really different. i will get to that a bit later. david: yeah, we're all interested in that story. stuart: i don't gamble. david: man oh man. [laughter] stuart: moving along, republicans counteroffer to president obama's solution to the fiscal cliff yesterday with a plan of 800 billion dollars in new revenue from tax reform, not f
Search Results 0 to 6 of about 7